I don't think Walgreens takes ANY competitor for granted. I'll admit that we were a little late to counter the $4 PR, but that's been rectified. One can also argue the $4 PR was WAY TOO late to counter the tidal wave created by Medicare Part-D. Also we let expenses get a little out on control pre-2009, but that has also been corrected. No company is perfect, but to say that Walgreens simply ignores threats from the likes of Sprawl-Mart, CVS, Kroger, etc is foolish.

Yank doesn't realize that he isn't a pharmacist and his attempts to debate professionals like cmxsux2 only make him look like a bigger donkey than he already is! The discussion moves way over Yank's head when it turns to business and pharmacy and leaves the realm of horse manure that Yank is well versed in and is his specialty. I guess you could say that Yank is really IMMERSED in his specialty?

<<”Walmart opened its first pharmacy in 1978 and now controls $20 Billion in retail pharmacy market ownership.”>>

Actually, until the 80’s the Walmart pharmacies were leased floor space…not actually a corporate department. Kind of like a mom and pop pharmacy within the store or how they currently do their optometrist….

<<”but they are expected to surpass CVS as #2 player in pharmacy marketshare in 2010.”>>

Link please…everything I have read points to WMT passing Rite-Aid and becoming the number 3 retail chain in 2010. They have a loooooooong way to go to catch up with either WAG or CVS. BTW CVS (retail +CMX) is bigger than WAG so you very clearly don’t have a clue what you are talking about:

Walmart opened its first pharmacy in 1978 and now controls $20 Billion in retail pharmacy market ownership. You can hate Walmart all you want, but they are expected to surpass CVS as #2 player in pharmacy marketshare in 2010.

But these WAG RPH's pooh-pooh everything as benign and love to wax philosophical about how they beat down Pharmorr. In their childlike interpretation, WAG is invincible and their bloated compensation is secure.

But a reordering market may pose a few surprises for this Pollyanna brood of pharma-geeks.

According to the CNBC special about UPS, they almost went out of business because they only thought the USPS was their competition. They didn't realize until it was almost too late that their real competition was FEDEX. They changed their model and are now stronger than ever.

<The point I keep making is that WMT is able to take WAG's main product and use it as a loss leader. If this goes on for a very long term, it will overcome the convienince argument for the mass public and limit WAG's future.>

Wrong ... you're "mass public" is currently less than 5% of Rx volume and will soon be near ZERO under Obamabcare. Here's a little nugget for you: Walmart, Costco and other big-box retaliers have offered deep discounts for cash-payers for 3+ decades. I don't think any objective person can argue that Walgreens has suffered greatly over that time period. Did their $4 scam take away a few scripts? Sure. But nothing compared to the tidal wave of seniors that shifted to convenience after Medicare-Part D .... which perhaps this year will lose the dreaded donut-hole.

Day after day this fool keeps on postingwhile everyone laughs and continues his roastinghis messages fall flat and are ignored by the boardto post so piss poorly you need a head like a gourdhe's bitter and hateful and envious toohis face would look right at home in the zooso why do we bother to ridicule this goofare we hoping he tries to jump off his roofno we just like revealing the error of his waysand hope that he snaps out of his perpetual hazeso even for Yank there's a glimmer of hopehe doesn't have to remain this habitual dopehe needs to stop posting and go get a joband lose some of that tonnage and stop dressing like a slobbut the most important and this will come as no shockhe needs to buy Wag and go long on their stock

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